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Mag Lulupa ( warning - seryosong usapan, mala bibliya )

Discussion in 'Band of Glockers' started by Allegra, May 16, 2010.

  1. Allegra

    Allegra

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    Mga Fafa,
    Let's say , may nag offer sayo ng lupa
    How do you know tama ang inaalok na presyo sayo?
     
  2. Black_SIR

    Black_SIR

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    check mo market value ZONAL area bro.. kung magkano na per square meter..
     

  3. edtf

    edtf

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    the simplest but hardest - go around the area and check what is the going rate for the property. You can go to the BIR website to check out the zonal value for tax purposes too
     
  4. mtho

    mtho

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    or try to get a bank loan to buy the property and see how much value they would give for it.
     
  5. astig007

    astig007

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    zonal value. but sometimes that could inflate due to foreseeable development in the area.
     
  6. edtf

    edtf

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    mahal na solution yan - you have to pay their loan fees before they do an assessment and banks usually under value property too.
     
  7. mtho

    mtho

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    i think they have make an assesment first before you pay, they have to assest if it is safe for them to lend you money to buy that property, if the property is worth buying and if the titles are accurate and clean
     
  8. Clusterbomb

    Clusterbomb

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    @allegra

    Yeah, mathematically, pwede yung suggestion ni mtho. Banks will first have the land appraised and then reduce the value by a certain percentage- usually 60% to get the indicative loan amount.

    Using the loan amount they would quote to you, just divide it by 0.60 to get an idea of how much they appraised the land.
     
  9. Allegra

    Allegra

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    Salamat mga braders
    I was hoping may professional appraiser dito , baka gusto explain how they assess a certain property hehe
    Ok din suggestion ni mytho if you dont want to pay for professional fees
    Market value kasi can be way off the mark sa zonal value lalo sa inflated prices dito sa calabarzon

    The trick is pano mo alam yan ang tamang market value at hindi artificial yung value
    By artificial, I mean peke! Pinapataas lang ng mga landowners sa lugar
    For example , here in our town
    The prices per sq.m. is a whopping 20t per sq. m. Ang mahal!
    If you build an apartment , ang baba naman ng rent kasi puro lang parlor at eatery businesses dito
    So ang mahal ng lupa , pero ang tagal bumalik ng investment
    But no ones selling below 20t kahit tawaran

    so alin ang value susundin mo? yung presyo ng mga sellers or presyo based sa return ng investment?
    syempre , kung alin mababa
    How do you determine how low it should be?
    Remeber, no one is selling below this artificial value
     
    Last edited: May 17, 2010
  10. sandman_sy

    sandman_sy

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    Zonal Value seems to be inaccurate in our place ... so word of mouth.. if you have friends in the area. I'd rather hear from them than the BIR. Land transactions is tricky bro, check mo before buying sa City Hall.. yung land registration place. The lot that we recently had interested had a case in court.. whew.. good thing naka.tatak sa Title copy sa City hall.. kalimotan ko ang term. :p
     
  11. Allegra

    Allegra

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    encumbrance?

    Zonal value cant be inaccurate pards, the BIR says so :)
    Yung market value ang mahirap estimate
    It would really depend on how much a buyer is willing to pay for a certain property
    That's where you lose money :)

    As a rule , i never buy a property at market value unless I'll be the end user meaning jan ko lalagay bahay ko.
    Kung pwede 50% lang ng market value or up to 80% kung talagang maganda
    The problem is , puro over valued mga lote ngayon dito samin
    Problema , sa bilis ng develpment dito , alin ba talaga ang over valued?

    Wala bang professional appraiser sa BOgs?
    Palitan ko ng shooting instruction hehe
     
  12. Allegra

    Allegra

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    1. The message you have entered is too short. Please lengthen your message to at least 5 characters.
     
    Last edited: May 17, 2010
  13. mtho

    mtho

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    check mo mabuti yung title bago mo bilhin, kami muntik na maloko, me lote dito malapit sa amin binebenta ng ahente ganda ng price and he seem to have all the papers, nagkataon lang na kilala ng nanay ko yung pangalan na nakalagay sa titulo at tinawagan nya yung kamaganak para tumawad, dun lang namin nalaman na hindi pala nya binebenta yung lote at balak nya i donate para maging home for the aged, buti nalang hindi kami ng down payment sa ahente dahil bigla din sya nawala.
     
  14. men16x

    men16x

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    ANNOTATION bro. Liens, encumbrances or even restrictions are inscripted on the TCT (transfer certificate of title) and CCT (condominium certficate of title) if duly registered at Registry of Deeds (RD).
     
  15. Allegra

    Allegra

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    One of my clients lawyers nagcheck sa register of deeds , titingnan yung origin ng title from the 1900s pa, to be sure di peke
    And have the surveyor check the boundaries
    Nasa real estate na yata pinaka marami balasubas, palibasa laway lang puhunan

    Natatwa ako sa highway sa lipa city
    15years aho it was being offered 2oooper sq.m
    I told the agent who the #$%^ would pay that much for a bukid
    Apparently , madami haha
     
  16. Allegra

    Allegra

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    Dapat nga siguro we base the price/market value sa income na pwede makuha sa property
    o maybe the price your willing to pay during a finacial crisis